Deep Correction: USTC, LUNC, and LRC Strong Retracement 📉💔🌪️
Selling pressure has taken hold of the Binance market in the last 24 hours, resulting in significant losses for a series of tokens that had seen recent spikes. A very intense profit-taking occurred. 😥
$USTC (TerraClassicUSD) was the token that ranked highest among the losers with a marked decline of -14.84% 🔻. This strong volatility continues to show the high sensitivity of the asset to speculative movements and market uncertainty. 🧭 Next, we find $LUNC (Terra Classic) which retraced by -12.53% 😔, a typically ordinary correction after recent small rises based on community strength. 🤝
Finally, $LRC (Loopring) also lost significantly by -11.70% 📉, which may partly respond to a rotation of capital out of Layer 2 solutions 🔗 or a general adjustment in the sector. It is an important warning of the fact that large gains often come with significant retracement risks. 🛡️
{spot}(USTCUSDT)
{spot}(LUNCUSDT)
{spot}(LRCUSDT)